Pimco New York Municipal Income Fund III V.PYN

Primary Symbol: PYN

PIMCO New York Municipal Income Fund III (the Fund) is a non-diversified closed-end management investment company. The Fund's primary investment objective is to seek to provide current income exempt from federal and California income tax. Under normal circumstances, the Fund invests at least 90% of its net assets in municipal bonds which pay interest that is exempt from regular federal, New York State and New York City income. The Fund may invest up to 20% of its total assets in investments, the interest on which is subject to the federal alternative minimum tax. The Fund also invests at least 80% of its net assets in municipal bonds that at the time of investment are investment grade quality. Pacific Investment Management Company LLC (PIMCO) serves as the Fund's investment manager.

NYSE:PYN - Post by User

Pimco New York Municipal Income Fund III

Bullboard Posts

Comment by thianon May 15, 2012 2:35pm

187 Views

Post# 19911536

RE: Nasdaq?

Hi Vinny12

If Andrew does not have a formula to turn lead into gold. Actually I think that he is miffed by the trading of Poynt. What is happening defies the law of gravity. I think that the only lead that the market has is fear. And truly I can understand why people are throwing in the towel. Why? Because of lead (market fear).

I am absolutely confident and will add at these prices (if I am lucky to get in on this bargain) . There is some trading taking place when we add the venture volume to the Alpha.

So we have a bit of the fear factor. Am I unhappy. Hell no! I am adding at these prices. I may be wrong but I am willing to risk my capital here for anticipated gains.

I will give my opinion about the NASDAQ listing in another post lest I screw up the formatting of this post.

Alpha: